Market Day Vocabulary

What is the definition of product?

• A type of air vent

• Extra money you pay when buying something

• How much money you need for something

• An item a business sells

What is a synonym for a customer?

What is a business?

• One or a few locations that make money the same way, owned by the same person

• A group of office workers

• A record of a transaction

• A wide variety of different ways to earn money

What does it mean to profit?

• To have the same amount of money

• To gain money

• To lose money

Which word describes a person trading money for an item or service?

• Receipt

• Transaction

• Economy

• Trade

• Discount

Which option best describes a tax?

• Extra money you pay that goes to charity

• Extra money you pay that goes to your parents

• Extra money you pay that goes to the police

• Extra money you pay that goes to the government

Which of these is NOT an example of a discount?

• BOGO (buy one, get one free)

• On sale for 35% off

• The price of gas is lower than usual

• Buy five, get the sixth half off

What is a receipt?

• A record of a transaction

• An owner of a business

• A type of gift card

• An atm machine